Almaden Minerals (TSE:AMM) Sets New 1-Year Low – What’s Next?

Almaden Minerals Ltd. (TSE:AMMGet Free Report) (NYSEMKT:AAU) shares reached a new 52-week low during trading on Tuesday . The company traded as low as C$0.05 and last traded at C$0.06, with a volume of 51010 shares changing hands. The stock had previously closed at C$0.06.

Almaden Minerals Price Performance

The stock has a market capitalization of C$7.55 million, a price-to-earnings ratio of -0.13 and a beta of 1.11. The business has a fifty day moving average of C$0.07 and a 200 day moving average of C$0.09. The company has a debt-to-equity ratio of 131.70, a current ratio of 7.47 and a quick ratio of 23.78.

Almaden Minerals Company Profile

(Get Free Report)

Almaden Minerals Ltd., an exploration stage company, engages in the acquisition, exploration, evaluation, and development of mineral properties in Mexico. The company's principal asset comprises 100% interests in the Ixtaca gold-silver project located in Puebla State, Mexico. Almaden Minerals Ltd.

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